Sula Vineyards to launch IPO By Spiritz Desk 08 Dec 2022 in Latest News New Update According to some sources, Nashik-based Sula Vineyards is expected to hold an initial public offering during 12th-14th December. If Sula goes public, it will most possibly be India’s first pure-play brewer IPO. Here it deserves a mention that Sula Vineyards is backed by Verlinvest, a consumer-focused Belgian family office that is poised to participate in OFS. Allied Blenders & Distillers of Officer’s Choice fame is another liquor company from India that lodged a DRHP (draft red herring prospectus) with Sebi earlier this year. Subscribe to our Newsletter! Be the first to get exclusive offers and the latest news Subscribe Now You May Also like Read the Next Article